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JJ Garment Bangladesh Limited, a Hong Kong (China) company, will set
up a knit and woven garments manufacturing industry in the Adamjee
Export Processing Zone. This fully owned company will invest $8.286
million in setting up their unit and will manufacture all kinds of
knit and woven garments items. The company will also create employment
opportunity for 3,339 Bangladeshi nationals. An agreement to this
effect was signed between the Bangladesh Export Processing Zones
Authority and JJ Garment Bangladesh in BEPZA Complex in the city
Thursday. Md Moyjuddin Ahmed, member (investment promotion) of the
BEPZA and Jim Sun Yiu, chairman of the company, signed the agreement
on behalf of their respective organisations.
---------------NEWAGEBD ONLINE
E. coli: Russia bans import of EU vegetables
Russia has banned the import of all fresh vegetables from the European
Union because of the E. coli outbreak centred on Germany. The
country's chief medical officer said EU-produced vegetables would be
seized across Russia. More than 1,500 people have been infected by
enterohaemorrhagic E. coli (EHEC), which can cause the deadly
haemolytic-uraemic syndrome (HUS). Seventeen people have died - 16 of
them in Germany and one in Sweden. The World Health Organization says
that the E. coli bacterium behind the outbreak is a new, mutant
strain. Earlier suggestions that infected Spanish cucumbers were the
source of the outbreak have now been discounted, with German health
officials admitting they do not know where this particularly virulent
strain of of E.coli has come from. The EU regarded the Russian ban as
"disproportionate" and would be lodging a protest, European Commission
spokesman Frederic Vincent said.He added that the total value of EU
exports of fresh vegetables to Russia was 600m euros a year, a quarter
of the total exported. Spain, France, Germany and Poland are the
biggest exporters. Russia banned vegetable imports from Germany and
Spain earlier this week.
---------------BBC ONLINE
Union because of the E. coli outbreak centred on Germany. The
country's chief medical officer said EU-produced vegetables would be
seized across Russia. More than 1,500 people have been infected by
enterohaemorrhagic E. coli (EHEC), which can cause the deadly
haemolytic-uraemic syndrome (HUS). Seventeen people have died - 16 of
them in Germany and one in Sweden. The World Health Organization says
that the E. coli bacterium behind the outbreak is a new, mutant
strain. Earlier suggestions that infected Spanish cucumbers were the
source of the outbreak have now been discounted, with German health
officials admitting they do not know where this particularly virulent
strain of of E.coli has come from. The EU regarded the Russian ban as
"disproportionate" and would be lodging a protest, European Commission
spokesman Frederic Vincent said.He added that the total value of EU
exports of fresh vegetables to Russia was 600m euros a year, a quarter
of the total exported. Spain, France, Germany and Poland are the
biggest exporters. Russia banned vegetable imports from Germany and
Spain earlier this week.
---------------BBC ONLINE
Toshiba prices its new tablet to undercut Apple's iPad2
Toshiba has announced its foray into the fast-growing tablet market
with its latest gadget called Thrive. The Japanese electronics maker
has priced its entry level model at $429 (£262), which is cheaper than
the base model of Apple's iPad2. The company said its base model comes
with wi-fi ability and is targeted at consumers who use tablets at
home. The tablet will go on sale in the US on 10 July. 'Non-Apple
products' The success of Apple's iPad has encouraged many computer and
electronics companies to enter the segment. Samsung has launched its
Galaxy tab, while Sony has also announced its entry with two new
models. While none of them have been able to make a significant dent
in Apple's market share, Toshiba said demand for other products was
increasing gradually. "There is a market out there of folks who want
to buy non-Apple products," said Jeff Barney of Toshiba America.
---------------BBC ONLINE
with its latest gadget called Thrive. The Japanese electronics maker
has priced its entry level model at $429 (£262), which is cheaper than
the base model of Apple's iPad2. The company said its base model comes
with wi-fi ability and is targeted at consumers who use tablets at
home. The tablet will go on sale in the US on 10 July. 'Non-Apple
products' The success of Apple's iPad has encouraged many computer and
electronics companies to enter the segment. Samsung has launched its
Galaxy tab, while Sony has also announced its entry with two new
models. While none of them have been able to make a significant dent
in Apple's market share, Toshiba said demand for other products was
increasing gradually. "There is a market out there of folks who want
to buy non-Apple products," said Jeff Barney of Toshiba America.
---------------BBC ONLINE
Groupon share offer to raise up to $750m
Daily discount website Groupon is seeking to raise up to $750m (£460m)
in an initial public offering (IPO). It is the latest move by an
internet company seeking to cash in on investor appetite for social
media firms. Last month, business networking site LinkedIn saw its
shares more than double in value on their first day of trading after
the company went public. IPOs are when companies list their shares on
the stock market for the first time. Groupon offers daily discounts to
members on items ranging from meals out and beauty treatments to
flying lessons. The offers are typically available for a set period
and for a limited number of buyers. Groupon then takes a commission of
30-50% from the merchants who provide the services. The company has 83
million members in 43 countries and employs more than 7,000 staff.
---------------BBC ONLINE
in an initial public offering (IPO). It is the latest move by an
internet company seeking to cash in on investor appetite for social
media firms. Last month, business networking site LinkedIn saw its
shares more than double in value on their first day of trading after
the company went public. IPOs are when companies list their shares on
the stock market for the first time. Groupon offers daily discounts to
members on items ranging from meals out and beauty treatments to
flying lessons. The offers are typically available for a set period
and for a limited number of buyers. Groupon then takes a commission of
30-50% from the merchants who provide the services. The company has 83
million members in 43 countries and employs more than 7,000 staff.
---------------BBC ONLINE
Sony network attacked again, hackers claim
A hacker group has claimed it has attacked the Sony network and stolen
more than one million passwords, e-mail addresses and other
information. Lulz Security said it had broken into servers that run
SonyPictures.com. The Japanese electronics giant said it was aware of
Lulz Security's statement and was investigating the claims. Sony had
to apologise in April after its PlayStation Network was attacked and
hackers stole data from more than 77 million accounts. That attack was
considered the biggest in internet history and led to Sony shutting
down the PlayStation Network and other services for almost a month.
The company has estimated the data breach will result in a $170m
(£104m) hit to its operating profit. Since then, Sony's networks have
become targets for hackers and the company has confirmed at least four
other break-ins prior to the claimed attack on Sony Pictures. Lulz
Security claims to be behind one of those attacks, an assault on Sony
Music Japan. The latest alleged attack will come as a blow to the
Japanese firm, 24 hours after it announced the PlayStation Network
would be fully restored in the US and Europe, and said it had beefed
up its security systems.
---------------BBC ONLINE
more than one million passwords, e-mail addresses and other
information. Lulz Security said it had broken into servers that run
SonyPictures.com. The Japanese electronics giant said it was aware of
Lulz Security's statement and was investigating the claims. Sony had
to apologise in April after its PlayStation Network was attacked and
hackers stole data from more than 77 million accounts. That attack was
considered the biggest in internet history and led to Sony shutting
down the PlayStation Network and other services for almost a month.
The company has estimated the data breach will result in a $170m
(£104m) hit to its operating profit. Since then, Sony's networks have
become targets for hackers and the company has confirmed at least four
other break-ins prior to the claimed attack on Sony Pictures. Lulz
Security claims to be behind one of those attacks, an assault on Sony
Music Japan. The latest alleged attack will come as a blow to the
Japanese firm, 24 hours after it announced the PlayStation Network
would be fully restored in the US and Europe, and said it had beefed
up its security systems.
---------------BBC ONLINE
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